It seems that our HHVM was built without support for compress.bzip2 streams:
php
<?php
print_r(stream_get_wrappers());
?>
Array
(
[0] => compress.zlib [1] => data [2] => file [3] => glob [4] => http [5] => https [6] => phar [7] => php [8] => zip
)
missing is compress.bzip2, needed for dumps to run on HHVM.